- Import Duties on European Union and Chinese Products Instituted by Trump Administration
Fresh Take:
Trump's Tariff Showdown: The Latest on EU, China, and More
Trumps's recent tariff announcements have turned the global trade scene upside down. Here's the lowdown on how things stand with the EU, China, Vietnam, Cambodia, South Korea, and Japan.
The European Union (EU)
The EU has been facing a tariff juggling act, with some tariff hikes hanging in the balance until later in 2025. For instance, tariffs on specific U.S.-made goods slated for EU shores are not due until July 14 and August 14, 2025.[1] There haven’t been any recent announcements regarding new tariffs directly from the U.S. on the EU.
China
Trump has stepped up the tariff war with China big time. As of April 9, 2025, the effective rate of tariffs on Chinese goods surged to a staggering 145%.[4] Trump ramped up tariffs on Chinese items qualifying for the de minimis exemption, applicable to goods sent via international post, on April 8 and 9, 2025.[1]
Vietnam and Cambodia
No specific info on new tariffs being slapped on Vietnam and Cambodia directly by the U.S. has been dug up in the search results. Nevertheless, general trade policies and reciprocity measures continue to affect various countries, although specific actions against Vietnam and Cambodia are scarce in the details.
South Korea
There's no clear mention of tariffs imposed on South Korea by Trump in the search results. However, Trump's tariff strategy centers around individualized reciprocal tariffs for countries sporting large trade deficits, potentially posing a risk for South Korea if it fits those criteria.
Japan
Like South Korea and other countries not specifically mentioned, Japan remains under the umbrella of the broader tariff policies being rolled out. From April 5, 2025, a minimum 10% tariff has been implemented on all imports unless otherwise exempted or modified.[2][3] Unfortunately, no specific updates on unique tariffs targeting Japan have been found in the search results.
In summary, while particular actions on Vietnam, Cambodia, South Korea, and Japan are not detailed, Trump's tariff policies generally focus on addressing trade deficits and reciprocal tariffs for multiple countries. Keep an eye on these changes as they continue to unfold!
- Tariffs on certain U.S.-made goods destined for Cambodia, similar to those for the EU, have not yet entered into force, as they are not due until a future date.
- In sharp contrast, the tariffs imposed by Trump on Chinese goods have already taken effect, with the rate surging to 145% as of April 9, 2025.
- Although no specific tariffs have been announced for South Korea or Japan, they, like Vietnam and Cambodia, are not exempt from the broader impact of Trump's tariff strategies, which prioritize addressing trade deficits and reciprocal tariffs for multiple countries.
